The CAMSO6-SG-IBF Program tests a well-defined body of knowledge representative of global and Singapore-specific standards as practiced in the anti-money laundering field.
The CAMSO6 Examination covers these four areas: 1. Risks and methods of money laundering and terrorism financing 2. Compliance standards for anti-money laundering (AML) and combating the financing of terrorism (CFT) 3. AML compliance program 4. Conducting or supporting the investigation process The 3.5 hour examination poses 120 psychometrically-developed
multiple choice questions and is offered year round at 3 test centers in Singapore.
In addition, the ACAMS Singapore AML Regime Exam tests knowledge of Singapore MAS Notice 626 and related Singapore AML Regulations, as well as AML-related industry guidelines from the Association of Banks in Singapore, in a 45-minutes exam that poses 25 multiple-choice questions that immediately follow the CAMSO6 Exam. Total exam time is 4.25 hours.
The Certified Anti-Money Laundering Specialist (CAMS) credential is the gold standard in AML certifications and recognized internationally by financial institutions, governments and regulators as a serious commitment to protecting the financial system against money laundering.
Institutions with CAMS-certified compliance teams drive a culture of compliance from the top down by building highly skilled teams staffed with subject matter experts; Demonstrate to regulators and examiners their dedication to a standardized risk-based
approach for protecting against money laundering threats and financial crime risks; Attract, retain and reward top talent by placing a premium on certified professionals, Meet mandated AML training requirements through preparation and study and satisfy
ongoing training through recertification and advanced certification activities, and lastly, Safeguard against financial and reputational damage.